Cowboys, Smith Restructure Deal, Free Up Cap Room

Receive the latest blue-star updates in your inbox

The Dallas Cowboys are venturing into the free agency season, which officially begins Tuesday afternoon, and now they have a little bit more money to throw around, perhaps to their own big free agent, DeMarco Murray.

That's because the team triggered a built-in restructure in their beast of a young left tackle Tyron Smith's contract to free up about $8 million to put toward the salary cap this upcoming 2015 season.

Smith, of course, was given a long-term deal last year when he signed an eight-year extension worth $109 million with $40 million guaranteed.

Basically, it's just semantics, but the Cowboys converted a chunk of that guaranteed money into signing bonus money, which doesn't count against the cap.